B.C. mining company cuts 140 positions due to 'challenging market conditions'

2 month_ago 18

British Columbia

Glencore-owned Elk Valley Resources, which operates 4 steelmaking ember mines successful B.C.'s southeast along the Alberta border, said it is cutting 140 unit jobs.

Glencore-owned Elk Valley Resources operates 4 steelmaking ember mines successful B.C.'s southeast

CBC News

· Posted: Jun 17, 2025 3:56 PM EDT | Last Updated: June 17

An aerial changeable of winding roads successful a mine.

A B.C. mining institution has announced important layoffs, saying they are the result of planetary economical uncertainty and tariffs.

Glencore-owned Elk Valley Resources (EVR), which operates 4 steelmaking ember mines successful B.C.'s southeast along the Alberta border, said it is cutting 140 unit jobs.

In an emailed connection from institution communications manager Chris Stannell, Elk Valley blamed "challenging marketplace conditions" for the occupation cuts.

Earlier this month, U.S. President Donald Trump doubled tariffs connected alloy imports to the U.S. to 50 per cent, portion manufacture leaders proceed to rise concerns astir alleged "steel dumping" — the selling of alloy into the Canadian marketplace astatine ultra-low prices.

A motion written the connection 'Glencore' stands adjacent to a building.

"EVR is moving to amended ratio and trim costs crossed our concern to guarantee our institution is globally competitive," Stannell said.

He said "most" of the employees successful the chopped jobs were reallocated into different vacant positions wrong the company, but not all. Workers who were not placed into different presumption are receiving support, helium said.

The company's website said it employs much than 5,000 people.

LISTEN | Sparwood politician speaks to layoffs:

Radio West5:56Elk Valley Resources announces important layoffs to its mining operations successful the Kootenays

Sparwood politician David Wilks shares his position connected wherefore Elk Valley Resources is cutting 140 unit positions astatine section mines. He explains the interaction connected the community, and what factors created these occupation cuts.

David Wilks, the politician of Sparwood, B.C., which is located successful the Elk River Valley, said radical regularly alert successful and retired of the country to enactment astatine the mine, galore of whom are from Alberta. But galore besides reside successful adjacent communities similar his.

"Certainly is unfortunate that it's challenging times for the ember manufacture country close now," helium told CBC's Radio West big Sarah Penton.

Recently, Glencore purchased ember mining operations from Teck Resources Ltd. Wilks said helium hopes this volition beryllium the extremity of layoffs for now.

"They've started to look astatine however they are going to tally their company," Wilks said. "And unfortunately, they've travel up against a batch of things that person been challenging and ... unfortunately, immoderate radical person had to beryllium fto go."

With files from Amelia John and Radio West

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